Dear Apple, Welcome To Microsoft's Agonizing Worldhttp://www.businessinsider.com/apples-dealing-with-the-same-problems-microsoft-had-2013-1/comments
en-usWed, 31 Dec 1969 19:00:00 -0500Tue, 03 Mar 2015 15:27:57 -0500Jay Yarowhttp://www.businessinsider.com/c/5102be11eab8ea470800000aLeader?Fri, 25 Jan 2013 12:17:05 -0500http://www.businessinsider.com/c/5102be11eab8ea470800000a
Apple does not only need a leader but a new idea. The iPhone idea appears once in a lifetime.http://www.businessinsider.com/c/5102bd27ecad04ce3500001bGet outFri, 25 Jan 2013 12:13:11 -0500http://www.businessinsider.com/c/5102bd27ecad04ce3500001b
I would get out now because the news is still fresh and it will go down more. Drop 10 so far today. I would get back if Apple has a brand new idea. Sorry for your investments.http://www.businessinsider.com/c/5101eb76eab8eacb35000016matthewwandererThu, 24 Jan 2013 21:18:30 -0500http://www.businessinsider.com/c/5101eb76eab8eacb35000016
"I think both Ballmer and Cook are scapegoats for companies that have plateaued"
Apple hasn't plateaued. Study the game tape. Nearly every metric Apple's measured by increased in Q12013:
<a href="http://events.apple.com.edgesuite.net/13pijnewvpihjbhvb01/event/index.html#" target="_blank" rel="nofollow" >http://events.apple.com.edgesuite.net/13pijnewvpihjbhvb01/event/index.html#</a>
But say they've plateaued long enough, and eventually you'll be right.http://www.businessinsider.com/c/5101ceceecad04f76e00000eWise ManThu, 24 Jan 2013 19:16:14 -0500http://www.businessinsider.com/c/5101ceceecad04f76e00000e
I want to see Tim Cook and Steve Balmer in a "Death Match".http://www.businessinsider.com/c/5101b5a16bb3f7f72d00000fdagmanThu, 24 Jan 2013 17:28:49 -0500http://www.businessinsider.com/c/5101b5a16bb3f7f72d00000f
This comparison is nonsense, as it ignores the valuation at which each company started prior to its swoon. Apple could very well be trading at 38% of its peak value in 10 years, but that would likely imply a major contraction in earnings. At its peak, Microsoft was trading at a P/E well north of 20, while Apple was probably closer to 15. If Apple grows profits by 2.5 times (as did MSFT in your example), and the stock price loses 62% of its value from the peak (as did MSFT in your example), the stock would be trading at a P/E of 2.4, and they would probably have substantially more cash on hand at that point than market cap. And that assumes no share repurchases beyond what’s needed to offset dilution (smaller at Apple than most tech companies) The math is simple, EPS is currently $44.64. If they grow earnings the way Microsoft did in your example and hold shares constant, earnings would grow to $111 per share. A decline of 62% of the stock price from the peak would mean a share price of $266.
These are two different animals - the problem with Microsoft was that the stock was simply too expensive on an earnings basis when growth decelerated. With Apple, the bear case is that margins and or market share are going to massively erode. If anyone thinks Apple will grow earnings at all (even a percent or two per anum) over the next 10 years, the stock is an incredible buy! If you think that earnings will massively contract, the stock is a sell. Anywhere in between, probably a hold.http://www.businessinsider.com/c/5101adc0ecad046336000002DMGThu, 24 Jan 2013 16:55:12 -0500http://www.businessinsider.com/c/5101adc0ecad046336000002
Look, I don't know Tim Cook "personally". I just think it is easier to blow 130 billion on boondoggles than it is to snap your fingers and create innovative new products the world is ready for. I'm sure Cook and Ballmer aren't making these decisions in a vacuum. All these talented people would like nothing more than to pull some new device out of their behinds, wow the world and generate 100s of billions in new revenue. There is a fine line between daring and foolish though.http://www.businessinsider.com/c/5101a8a7ecad046b2d00000bkma100Thu, 24 Jan 2013 16:33:27 -0500http://www.businessinsider.com/c/5101a8a7ecad046b2d00000b
Ah, yes..."the right place at the right time". That's the easy, glib answer. Never mind the challenges Apple had to go to get where they are today...Steve Jobs was in the "right place at the right time". And the other "experts" on this site that have worked with and know Tim Cook personally (or maybe not), think he is just a "bean counter" and "manager". Yup. Easy, glib answers...the refuge of bloggers and commentators.http://www.businessinsider.com/c/5101a89aecad040b29000014junk scienceThu, 24 Jan 2013 16:33:14 -0500http://www.businessinsider.com/c/5101a89aecad040b29000014
diagree. tim cook simply won't take risks. he has the talented workforce, he has the market's attention, he has willing users, he has the money. he has everything he needs to change the world except for the will to acthttp://www.businessinsider.com/c/5101a57069beddb87700000cHmmmmThu, 24 Jan 2013 16:19:44 -0500http://www.businessinsider.com/c/5101a57069beddb87700000c
Completely irrelevant graph and scale manipulation to skew the graph to show a visual correlation that doesn't really exist.
Shame on you for this bshttp://www.businessinsider.com/c/51019fab69bedde06800000bnewworldorderThu, 24 Jan 2013 15:55:07 -0500http://www.businessinsider.com/c/51019fab69bedde06800000b
AAPL as a mutual fund ? I like it. They really need to get the SEC in there and an FBI raid is not out of the question either. 130 Billion - is it real? If real where is it?http://www.businessinsider.com/c/51019a9869beddf55f000008Harrison BrookThu, 24 Jan 2013 15:33:28 -0500http://www.businessinsider.com/c/51019a9869beddf55f000008
I have to wonder how much money companies could save if they outsourced directors, VPs and higher??? Would have to be in the billions. Ballmer, Ellison, Trump...imagine the possibilities. I could start a company that out sources CEOs and make millions! It's a virtual world, Your people can be anywhere. Heck. Most managers never even see or meet their reports these days. It's an idea whose time has come.http://www.businessinsider.com/c/5101981c6bb3f7b575000009DMGThu, 24 Jan 2013 15:22:52 -0500http://www.businessinsider.com/c/5101981c6bb3f7b575000009
Give Apple 10 years (or less) and they will have it.http://www.businessinsider.com/c/510197d3eab8eaf07f000002DMGThu, 24 Jan 2013 15:21:39 -0500http://www.businessinsider.com/c/510197d3eab8eaf07f000002
I think both Ballmer and Cook are scapegoats for companies that have plateaued. Gates and Jobs were in the right place at the right time when they each (in their own time) had few serious challengers to what they were focused on. They both made tons of mistakes but the competition and the tech environment didn't make them pay. Now, as always is the case with tech, people are looking for the next big thing and it's not going to be the iPhone 17 or Windows 24. That doesn't mean either of these companies are going to disappear. The logical course appears to be a morphing of phones, computers and TVs into one device in multiple forms that all interrelate but this is all evolutionary...not revolutionary. For that we will need something like holography or a new take on voice and/or artificial intelligence.http://www.businessinsider.com/c/51019730ecad04630c000006newworldorderThu, 24 Jan 2013 15:18:56 -0500http://www.businessinsider.com/c/51019730ecad04630c000006
I agree with you and am very concerned about the 130 billion dollar body under the floor boards. This is 100.00% WRONG for an industrial enterprise. It was wrong under Mr. Jobs though I think it was a reflection of his persona psychological idiosyncrasies ( anal retentive) so they have had more than enough time to distribute this wealth as dividends or invest it meaningfully.
The alternative is to convert Apple into a Bank, ETF or something that reflects its primary financial outlook.
We require an immediate disclosure here now that the Apple Myth is dissipating or we risk another massive exposure of financial malpractice.http://www.businessinsider.com/c/510196a56bb3f7607300001cfreddy beeThu, 24 Jan 2013 15:16:37 -0500http://www.businessinsider.com/c/510196a56bb3f7607300001c
buy more... not sure dude... did you buy more when it dropped from 705 to 650? how'd that work out?http://www.businessinsider.com/c/51019600eab8eab975000012bill cThu, 24 Jan 2013 15:13:52 -0500http://www.businessinsider.com/c/51019600eab8eab975000012
aapl would LOVE a valuation like microsoft !!http://www.businessinsider.com/c/510195beeab8eaf57a000001bill cThu, 24 Jan 2013 15:12:46 -0500http://www.businessinsider.com/c/510195beeab8eaf57a000001
you buy more. moron.http://www.businessinsider.com/c/510193daecad04f005000003wpkingThu, 24 Jan 2013 15:04:42 -0500http://www.businessinsider.com/c/510193daecad04f005000003
Back in the day, they did have quarters that were huge like this for the time. Yeah these are bigger, but I am not going to split hairs on $10 billion compared to $5 billion. Many companies can only dream of numbers like that. He has a point, the market is a crazy thing and there is a ton of competition going on right now and its all just starting to heat up. That is what scares investors, not that they just had a big ass quarter.http://www.businessinsider.com/c/510193d36bb3f7b06c00001djunk scienceThu, 24 Jan 2013 15:04:35 -0500http://www.businessinsider.com/c/510193d36bb3f7b06c00001d
tim cook is not a leader, he is a manager
all corporations peak when they put managers in charge, it means the risk-taking days are overhttp://www.businessinsider.com/c/5101939cecad04970300000bnewworldorderThu, 24 Jan 2013 15:03:40 -0500http://www.businessinsider.com/c/5101939cecad04970300000b
Both Mr. Ballmer and Mr. Cook should resign and begin marketing Senior Care. These corporations must reflect a more youthful 21st Century outlook and image. I do not care what the mean age is. This is a matter of Culture.
Mr. Jobs was an exceptional individual for both better and worse and in a rapidly changing evolving industry the CEO cannot resemble the CEO of Union Carbide circa 1958.
This is a highly visible, political position.
Let's have the boards of both corporations resigned and be refreshed with people born in 1971 and later. This marks the first microprocessor and the end of the Gold Standard both landmarks we want securely in the past at least as it pertains to the perception of reality.http://www.businessinsider.com/c/5101939aecad04580300000bjunk scienceThu, 24 Jan 2013 15:03:38 -0500http://www.businessinsider.com/c/5101939aecad04580300000b
but now you have to price AAPL like a mutual fund...its just a sales stream and a pile of cash that doesn't do anything
the P/E arg was also valid at 700. the problem is, those args make sense for tech companies. apple is just a bank at this point. no innovation, focusing on operations and tax avoidancehttp://www.businessinsider.com/c/51019344ecad045603000011jimmyfalThu, 24 Jan 2013 15:02:12 -0500http://www.businessinsider.com/c/51019344ecad045603000011
In light of all this Jay, I fully expect you to run a non-stop barrage of Apple doom, click bait, headlines that have little basis in reality. I mean if you think us MS defenders are crazy wait till you start dumping on Apple.http://www.businessinsider.com/c/510193226bb3f7b66c000007junk scienceThu, 24 Jan 2013 15:01:38 -0500http://www.businessinsider.com/c/510193226bb3f7b66c000007
apple - dump tim cook NOW! its clear he is your "steve ballmer" so to speak...desperately trying to get out of the shadow of his mentor...
ballmer and cook have the same problem, they are leaders, they are managers
ballmer is probably a great VP of sales. he's a terrible leader
cook is following ballmer's lead, milking the cash cows, accumulated cash, not doing anything interesting. soon AAPL shareholders will sue for a larger dividend...if tim can't spend the money, they will
apple needs a LEADER...like elon musk...someone who can take RISKS. instead, they have a bean-counter operations guy. no one, not even the apple-worship blogs, think tim cook has any visionhttp://www.businessinsider.com/c/510191b5eab8ea5570000018aThu, 24 Jan 2013 14:55:33 -0500http://www.businessinsider.com/c/510191b5eab8ea5570000018
I missed the bit where Microsoft had anywhere near a quarter like this one, or a year.http://www.businessinsider.com/c/5101908769bedd9a45000006freddy beeThu, 24 Jan 2013 14:50:31 -0500http://www.businessinsider.com/c/5101908769bedd9a45000006
exactly. can't wait. at the last minute, he executed a 'reverse straddle / long cradle / inverted dip' strategy which yielded massive returns yesterday. even the stock he bought at 639 when he doubled down has resulted in enormous gains. it's all very complex - you couldn't understand it even if he took the time to walk you through this trading strategy.http://www.businessinsider.com/c/51018fb3eab8ea906800001dRockwellThu, 24 Jan 2013 14:46:59 -0500http://www.businessinsider.com/c/51018fb3eab8ea906800001d
AAPL is trading at a lower P/E than MSFT when you strip out cash. I'm a buyer at this price.http://www.businessinsider.com/c/51018ecd69bedd703d00001aBreddy FeeThu, 24 Jan 2013 14:43:09 -0500http://www.businessinsider.com/c/51018ecd69bedd703d00001a
FYI: Beltway Greg is actually up todayhttp://www.businessinsider.com/c/51018cebeab8ea0461000019freddy beeThu, 24 Jan 2013 14:35:07 -0500http://www.businessinsider.com/c/51018cebeab8ea0461000019
who cares about all this? I want Jay Yarrow to interview Beltway Greg to get a sense as to what he thinks of the move. Greg called for 15.22 EPS. It would be a great interview. A superfan, losing a big chunk of dough after record revenues but a crappy outlook... what does an investor do now? unload? hold on?